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Managing Your Real Estate Investments
You've heard the stories about the financial benefits of purchasing rental properties. You picture yourself as the wealthy landlord with happy tenants and an abundance of steady income. If you could just build your portfolio with rental properties, you would never have to work another day in your life. After purchasing your first property and finding a tenant you were thrilled with how simple it was and decide to purchase another property or two. This is when reality began to set in.
That lovely young couple that rented your first property now have a child and he likes putting things down the toilet. The second property needs a new roof and the basement keeps flooding. The third property isn’t even rented yet. You’ve spent so much money on repairs and the tenants are constantly late on rent payments. You’re not even making money on the third property.
You’re seeing that there’s so much more to being a landlord than you thought. There has to a way to get all of this under control and start to make a profit again. You heard from another investor that they use a property management company and all of the headaches and sleepless nights subsided. You’re not ... more
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